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Japan Airlines Corp. has signed an agreement with the government-owned Development Bank of Japan to receive a pool of around ¥100 billion in emergency bridge loans to keep itself operational, JAL and the bank said Tuesday. Also Tuesday, JAL shares plunged...
Tags: Struggling Japan Airlines Corp, JAL, Japan Airlines Corp., Development Bank of Japan, Japan Airlines, Business Finance, WOW Alliance, Association of Asia Pacific Airlines, Oneworld, Airline, Japan Air System, Social Issues, Economy of Japan, Labor, Pension, Japanese yen
News of the sell-off reignited fears about the carrier's future. Between July and September, it lost 32.3bn yen ($364m; £220m) and is struggling with $15bn of debts and a big pension deficit...Along with all major global airlines, it has also been hit...
Tags: Japan Airlines Corp., JAL, Ailing Japan Airlines, Japan Airlines Corp Slides, airline corp, Mitsui & Co., Development Bank of Japan, Seiji Maehara, jal share, WOW Alliance, Nikkei 225, Mitsui, Association of Asia Pacific Airlines, Japan Airlines, Oneworld, Business Finance, Open Travel Alliance, Airline, American Airlines, Labor, Dow Jones & Company, Pension, Maehara, Minister of Land Infrastructure Transport and Tourism, Social Issues, KDDI, SoftBank, Australian Securities Exchange, Topix, KOSPI
Japan Airlines Corp will ask the government as early as Tuesday for 100 billion yen ($1.13 billion) in bridge loans from the Development Bank of Japan, the Nikkei business daily said. JAL is also expected to cancel year-end bonuses at its roughly 100...
Tags: Delta Says SkyTeam Willing, JAL, Japan Airlines Corp., Delta Air Lines Inc., American Airlines, Development Bank of Japan, bridge loans, airline corp, WOW Alliance, Oneworld, Association of Asia Pacific Airlines, Japan Airlines, Business Finance, SkyTeam, Airline, Airline alliances, Open Travel Alliance, Japan Air System, Mitsubishi UFJ Financial Group, Delta Air Lines, Northwest Airlines
Big-budget movies need all the help they can get recovering their production and promotional costs at the box office, so advertisements stating that the 3 1/2-hour epic "Shizumanu Taiyo" ("The Sun That Doesn't Set") is a "big hit" should be taken with...
Tags: JAL, Kadokawa, major media, Japan Language, Japan Airlines, Japan Air Systems, free promotion, Development Bank of Japan, tv asahi, Asahi, WOW Alliance, Kadokawa Pictures, Television advertisement, Marketing, Oneworld, Association of Asia Pacific Airlines, Entertainment Culture
Under its latest plan, the airline has asked creditors for 600 billion yen in financial aid, including 300 billion yen in debt waivers and debt-for-equity swaps. But the Ministry of Finance and the state-owned Development Bank of Japan, JAL's largest...
Toyota Motor, a carmaker that gets about 37 per cent of revenue in North America, and Canon, a camera maker that does 28 per cent of its business in the Americas, dropped more than four per cent in Tokyo after the US employment report. BHP Billiton, the...
Reuters Last updated on Tuesday, Jun. 30, 2009 06:48AM EDT J apanese unemployment hit its highest level for six years on Tuesday and euro zone bank lending stalled, adding to fears that a substantial recovery from global recession is some way off. Unemployment...
Tags: Development Bank of Japan, Japan Airlines Corp., businesses confidence, survey showed, record lows, tankan survey, central bank, Tankan, Tokyo, sentiment index
Softbank Mobile Corp started selling on Friday the iPhone 3GS in Japan, the new version of Apple Inc’s smartphone that boasts enhanced performance compared with the 3G version that was already on the market. More than 200 people lined up at Softbank Mobile’s...
Tags: Central Japan International Airport, Development Bank of Japan, Tokyo Motor Show, softbank mobility, LDH Corp., aeromedical services
Japanese Finance Minister Kaoru Yosano said on Monday the government was preparing a loan to loss-making Japan Airlines Corp , caught by severe airline turbulence in the global economic crisis. Yosano said he has received a request by Transport Minister...
Tags: Japan Airlines Corp, Development Bank of Japan, JAL, global economic, Kaoru Yosano, Kazuyoshi Kaneko, finance ministers, emergency loans, Asian, ministers kaoru
The World Bank says China's economy will grow faster than expected this year, but cautions it is too soon to say a sustained recovery is imminent. The World Bank raised its estimate of China's gross domestic product growth this year to 7.2 percent, up...
Tags: Japan Airlines Corp., Development Bank of Japan, Mikio Kunisawa, Tokyo District Court, U.N., Croatia